Replies to post #14705 on Charlotte's Web Holdings Inc (CWBHF)

[JDunbar]

You will please provide a direct source and quote for that statement, as I can't find it in the earnings transcript. Dead money is the last thing I would use to describe what I heard yesterday morning.

[Fangster]

Agree most CBD stocks will treat water for the time being. However, 2023 for CW, as you say, is complete nonsense. Understand the what was said on the CC before you distort statements.

Good luck with CV and the massive dilution coming... this one is dead money.

[Gladys Thong]

The company("co.") made no such "statement".

To claim they did is NOT TRUE.

Here's what WAS stated in Charlotte's Web Q1-2020 Results

"We are modelling for revenue growth of 10% to 20% in 2020 and a return to positive adjusted EBITDA by the end of the year," explained Russ Hammer, Chief Financial Officer of Charlotte's Web. "As our new facilities come online later in the year, we expect to harness cost savings through our vertically integrated supply chain to support meaningful increases in adjusted EBITDA, and then continue to leverage against higher revenue as we enter 2021 and 2022."